A trader on decentralized exchange Hyperliquid exited a $200 million leveraged ethereum trade with a $1.8 million profit, while the platform's liquidity pool absorbed a $4 million loss, prompting leverage adjustments to mitigate future risks. Trader Profits $1.8M as Hyperliquid's Liquidity Pool Takes $4M Hit A Hyperliquid trader using wallet “0xf3f4” deposited $4.
Bitcoin has fallen sharply over the past 30 days, falling from a record high of 109k to a low of 77k this week, a level that was last seen in November last year. This puts losses at almost 30%.
Bitcoin Magazine Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Video-sharing platform Rumble boosts its Bitcoin holdings with a 188 BTC purchase, reinforcing its commitment to a Bitcoin treasury strategy. This post Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy first appeared on Bitcoin Magazine and is written by Nik.
Bitcoin ETF outflows have nearly amounted to $750 million in the last two days as the crypto market consistently fell. BlackRock, the largest issuer, has offloaded around 2,000 BTC in the previous 24 hours.
The CESR captures the mean annualized staking rate earned by Ethereum validators.
The company redirected mining rigs to self-mining as customer delayed payments during bitcoin's price drop.
Deutsche Boerse's post-trade unit, Clearstream, has unveiled plans to launch cryptocurrency custody services for Bitcoin and Ethereum in Europe later this year.
Starknet plans to expand Bitcoin use cases by bridging Bitcoin and Ethereum. StarkWare recently established a Bitcoin strategic reserve.
Ethereum's native token, Ether (ETH), dropped below $2,000 on March 10, and the altcoin has struggled to regain a position above the psychological level. While Bitcoin (BTC) and XRP (XRP) exhibited minor recoveries over the past 24 hours, Ether prices failed to display bullish momentum in the charts.
Bitcoin remains at risk despite short term relief on cooler inflation data. PI, TIA lead daily gains for altcoins.
Strike CEO Jack Mallers has highlighted Bitcoin's (CRYPTO: BTC) growing dominance in the global store of value market, valued at approximately $400 to $500 trillion. What Happened: Speaking to Anthony Pompliano at the New York Bitcoin Investor Week from Feb. 24 to Feb. 28, Mallers stated that with Bitcoin's market cap at just $1.5 trillion it is still in the early stages of adoption.
Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.
Overall selling pressure from BTC miners have relatively subsided in the past two weeks.
Hemi Labs has signed up dozens of protocols, including decentralized exchange (DEX) Sushi, liquid staking token pumpBTC and oracles RedStone and Pyth.
Ethereum price is in its third consecutive week in the red as investors remain on the sidelines. Ethereum (ETH) traded at $1,758 this week, its lowest level since October 2023.
Ryan turned down an opportunity to help led the Ethereum Foundation and instead joined Etherealize, an organization focused on bringing Ethereum to Wall Street.
The crypto market recovered some of its losses Wednesday following a lower-than-expected US Consumer Price Index (CPI) report. Bitcoin surged above $84,000, while XRP crossed the $2.25 mark, gaining 6% in the last 24 hours.
Popular cryptocurrency XRP may be running out of steam against its major counterpart, Bitcoin (BTC). As became known thanks to Bollinger Bands, an interesting thing happened - XRP recently hit a middle band at 0.00002685 BTC and, unfortunately for its supporters, did not make it above.
On March 7, President Donald Trump was in attendance at the White House cryptocurrency summit, where he announced the formation of a Strategic Bitcoin Reserve. That repository, should it actually be formed, will contain Bitcoin (BTC 0.62%), and the similar Digital Asset Stockpile will contain other cryptocurrencies.
The digital asset traded just below $82,000 this morning despite positive macroeconomic data that shows tempered inflation. Bitcoin Flatlines as Inflation Eases The dominant cryptocurrency remained mostly flat over the past 24 hours as better-than-expected inflation data cultivated optimism in traditional markets. Bitcoin (BTC) traded within a range of $79,059.43 to $84,358.
With key support levels being tested and bearish momentum building, investors are wondering if ETH can survive.
Stablecoin accumulation and increased active addresses indicate investors gearing for a market rebound despite recent volatility and declining trading volumes.
Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, has taken to his social media account to share his take on the prospects the markets are likely to face later this year as the leading cryptocurrencies, Bitcoin and Ethereum, remain in a heavy decline.
Video platform Rumble has purchased 188 BTC for $17.1 million, strengthening its push into the crypto space. The buy aligns with Rumble's $20 million bitcoin treasury strategy. Rumble Acquires $17.1 Million in Bitcoin as Part of Treasury Strategy Rumble, the video-sharing and cloud services company, announced the acquisition of 188 BTC for approximately $17.
The Bank of Russia has proposed allowing a limited group of qualified investors to purchase and sell cryptocurrencies under a new three-year experimental legal regime. What Happened: Announced on Wednesday in accordance with President Vladimir Putin's directives, the initiative targets "particularly qualified" investors—individuals with over 100 million rubles ($1.02 million) in securities and deposits or annual income exceeding 50 million rubles ($510,000)—and companies already classified as qualified investors.
Despite recent drops in the crypto market, which could be attributed to the uncertainty around tariffs, spot bitcoin ETF outflows, and crypto-specific events, investors with a long-term conviction in bitcoin may see this as an opportune time to add further to their overall holdings, says eToro's Simon Peters.
A shift in Bitcoin whale activity is occurring on Binance, which may cause the market to go in a different route. There is uncertainty as a result of some major Bitcoin holders decreasing their holdings while others are buying.
Last week, I attended the launch event of Presidio Bitcoin, a new co-working and event space in San Francisco.
Rumble, a Toronto-headquartered video hosting, streamling and cloud platform, joins the corporate Bitcoin (BTC) purchasing mania. The statement about $17.1 million Bitcoin (BTC) added to the treasury comes 10 weeks after Tether's investment in Rumble.
Video-sharing platform Rumble has confirmed the purchase of a cache of BTC for $17 million, joining a growing list of firms embracing the asset. The purchase follows a blueprint to allocate a chunk of its corporate treasury to Bitcoin back in 2024.
The unpredictability of the crypto market hit the famous decentralized perpetual exchange Hyperliquid, as a single Ethereum whale created a $4 million loss for the platform. The news itself is shocking, as the community speculated an insider.
Increased volatility in the Treasury market often leads to reduced risk taking in financial markets.
Bitcoin (BTC) has gone up 3.8% in the past 24 hours as inflation figures from February in the United States came in below the market's expectations.
The premium on Bitcoin futures contracts on the CME has narrowed to its tightest spread since November, erasing the surge tied to Trump's election win, as market focus shifts from political optimism to broader economic factors. CoinDesk's Christine Lee hosts "Chart of the Day.
U.S. inflation report expectations and the reintroduction of Senator Cynthia Lummis' BITCOIN Act are giving BTC a boost Wednesday. Plus, the U.S. House overturns an IRS broker rule on DeFi and the U.S. SEC delays XRP, DOGE, LITE ETFs.
Video platform Rumble has acquired approximately 188 Bitcoin for $17.1 million, averaging $91,000 per coin. This purchase comes as part of its Bitcoin (BTC) treasury strategy.
This is the third crypto cycle I've written about here on Forbes. So far, as you can verify, I've consistently been a bull at the bottom and a bear near the top.
“Under favorable conditions, ETH may reach $6,000–7,000 this year,” an analyst told Decrypt.
Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown. BTC/USD 1-hour chart.
The firm made its first purchase around the time Trump was elected and may made additional bids depending on market conditions.
The crypto market roared to life following the latest U.S. CPI report, which showed inflation easing slightly in February. Bitcoin surged to $84,000, Solana jumped past $127, and XRP spiked above $2.20, as traders piled into risk assets following the data release.
Controversy surrounded an Ethereum transaction, worth 30,098 ETH, when deposited into a lending platform called Sky, because many speculated that the Ethereum Foundation (EF) was secretly lending money to pay their bills. However, key members of the Ethereum team quickly dismissed the claims because an early Ethereum investor owned the wallet.
TL;DR Cboe BZX has requested SEC approval to allow staking in Fidelity's Ethereum ETF, offering additional yields to investors. The SEC is evaluating the proposal in a new context of increased openness toward cryptocurrency-based financial products. If approved, it could drive competition among ETFs and impact ETH liquidity in the market.
A trading expert is projecting that Bitcoin (BTC) will hit a record high of $150,000 in the coming months, even as the leading digital currency consolidates above $80,000 amid prevailing bearish sentiment.
Senator Lummis's Bitcoin Act extends the Federal Reserve's Bitcoin capacity to over 1M bitcoins. We mull over how this might affect the price of Bitcoin, and related coins like BTC Bull Token.
Bitcoin and U.S. stocks rallied Wednesday after February's CPI inflation rate came in at 2.8%, below economists' expectations.
Main holdings of the ETF ONWB
Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened downside risks.